Nepal was a late entrant into the modern world of science and technology. Nepal's first institution of higher education, Tri-Chandra College, was established by Chandra Shumsher in 1918. The college introduced science at the Intermediate level a year later, marking the genesis of formal science education in the country.

A commercial treaty was signed with Britain in 1792 and again in 1816 after more than a year of hostilities with the British East India Company. The Independence of Nepal and the First Free Election . In 1923, Britain recognized the absolute independence of Nepal. Between 1846 and 1951, the country was ruled by the Rana family, which always ...

The Independence of Nepal and the First Free Election . In 1923, Britain recognized the absolute independence of Nepal. Between 1846 and 1951, the country was ruled by the Rana family, which always held the office of prime minister.

The then Prime Minister of Nepal, Chandra Shamsher wanted to conclude a treaty with Britain for the recognition of the independence of Nepal. Aware of the implied restrictions placed upon the foreign policy of Nepal by the Sugauli Treaty, he wanted Nepal to be recognized as a fully sovereign nation.In 1921, when the Prince of Wales, later Edward VIII, came to Kathmandu, Chandra Shumsher raised ...

Nepal's GDP for the year 2005 is estimated at just over US$39 billion (adjusted to Purchasing Power Parity), making it the 83rd-largest economy in the world. Per-capita income is less than US$300. Nepal's exports of mainly carpets, clothing, leather goods, jute goods and grain total $822 million.

History The history of Nepal began in, and centres on, the Kathmandu Valley. Over the centuries Nepal's boundaries have extended to include huge tracts of neighbouring India, and contracted to little more than the Kathmandu Valley and a handful of nearby city-states.Though it has ancient roots, the modern state of Nepal emerged only in the 18th century.